Our investment philosophy is to identify investments that are -

1) Undervalued public companies due to:

• Undiscovered by market
• Not understood by market
• Lack management breadth but have good projects
• Lack financial resources but have good projects

2) Private companies in global markets that want to list in western public markets within 1 to 2 years

3) Part of a merger and acquisition transaction and require a strategic investor

4) Companies in start up mode or early stage exploration - significant exploration upside

5) Claim acquisitions on prospective ground which need financing to complete the transaction

Investment Process

• No investment to exceed one third of fund's capital
• Rigorous investment selection process on a case by case basis:
  • Identify investment opportunities for further evaluation
  • Technical assessment and economic valuation
    • Investment proposals are subjected to a series of filters, including country risk, technical merit, management risk, exit strategy
    • Key selection criteria is asset quality and investment return
  • Investment committee makes final decision on all investments

Generating Wealth for Shareholders

Sources of revenue generation - capital gains from investments which would be realized upon sale of interest in each investment through the following exit strategies:

• Strategic buyers
• Initial public offerings
• Public market secondary sales